The morning market attempted to take prices down, but were instead lifted back to old heights. “Small amounts of precipitation are delivered and forecasts remain quite dry,” a trader at a Swedish producer said.
He was of the opinion that prices would continue crawling up towards new heights.- This morning the market was unsuccessful in its attempt to take prices down, since small amounts of precipitation are delivered and forecasts remain quite dry. I expect the autumn contract to carry on up towards 300 NOK/MWh this month. This week, if the weather stays dry, the spot will naturally strengthen
Dienstag, 1.06.2004, 11:23 Uhr
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